Forex: 700 BDCs Under Threat Over Low Patronage No fewer than 700 Bureau De Change operators have come under threat as purported uncompetitive exchange rate continues...
Interbank Rates Fall on Matured Treasury Bills Nigeria’s interbank overnight lending rate fell sharply on Friday to an average of 12 per cent from around 60...
Nigerian Stock Index Rises as Bank Shares Gain Nigerian stocks closed higher on Friday for the second consecutive day, lifted by shares in banking, cement and...
‘Offshore Trade Boosted Nigerian Shares in June’ Transactions on the country’s stock market rose by 7.13 per cent to N220.27bn ($699.3m) in June from a month...
Equities Rally, Eterna, Mobil, NAHCO top Losers’ Chart The Nigerian stock market, on Thursday, appreciated by N74bn with Eterna Plc, Mobil Oil Nigeria Plc, Nigerian Avation...
TSA: FG Begins Audit of Banks’ Remittances to CBN The Federal Government has commenced an independent audit of remittances of its funds into the Treasury Single...
Naira to Weaken Further as Dollar Demand Increases The naira is seen weakening against the United States dollar on the black market in the coming days...
CBN’s Power, Airline Interventions Hit N277 Billion Development interventions by the Central Bank of Nigeria (CBN) in the power and aviation sectors have reached N277.4 billion...
Equities Market Falls Further on Continuing Profit Taking The Nigerian Stock Exchange All-Share Index (NSE) ASI fell by 2.68 per cent yesterday closed lower at 36,102.38...
CBN to License Stockbrokers to Access Liquidity Window Efforts by the Securities and Exchange Commission (SEC), to address liquidity constraints in the capital market heightened yesterday,...